Quote

In the debate between those who believe in essentially unregulated markets and others who hold that reasonable regulation diminishes market excesses without inhibiting their basic function, the subprime situation unfortunately provides ammunition for the latter view.

Barney Frank

Change background

T
T
T

Change font

TAGS & TOPICS

Barney Frank
Age: 84
Born: 1940
Born: March 31
Former U.S. Representative
Politician
Bayonne
New Jersey
Barnett Frank
Function
Excess
Unregulated
View
Unfortunately
Excesses
Hold
Essentially
Diminishes
Views
Latter
Ammunition
Situation
Reasonable
Diminish
Others
Debate
Markets
Without
Basic
Regulation
Believe
Market
Provides
Inhibiting

More quotes by Barney Frank

Image
For most of my life, I have eaten to deal with stress.
Barney Frank
Image
There are no moderate Republicans left, with the exception of a few who would vote with us when it doesn’t make any difference,” Frank said. “It’s the most rigid ideological party since before the Civil War. … The bumper sticker I’m going to have printed up for Democrats this year is, ‘We’re not perfect, but they’re nuts.’
Barney Frank
Image
I had always been interested in politics. I had assumed - for two reasons, being Jewish and being gay back in the late '50s, early '60s - that I would never be elected or anything, but I would participate as an activist.
Barney Frank
Image
They appear to have become so attached to their outrage that they are even more outraged that they won't be able to be outraged anymore.
Barney Frank
Image
Ronald Reagan believes in the free market like some people believe in unicorns.
Barney Frank
Image
It is, of course, further indication that a fundamentalist right has really taken over much of the Republican Party, People might cite George Bush as proof that you can be totally impervious to the effects of Harvard and Yale education.
Barney Frank
Image
The issue is not that morals be applied to public policy, it's that conservatives bring public policy to spheres of our lives where it should not enter.
Barney Frank
Image
Capitalism works better from every perspective when the economic decision makers are forced to share power with those who will be affected by those decisions.
Barney Frank
Image
[Democrats] are trying on every front to increase the role of government.
Barney Frank
Image
The single most important thing you can do politically for gay rights is to come out. Not to write a letter to your congressman but to come out.
Barney Frank
Image
There were a lot of Romneys. There's the Romney who was going to be better on gay rights than Ted Kennedy now there's a Romney who checks with Rick Santorum on that issue.
Barney Frank
Image
Serving in Congress is like having a second shot at high school.
Barney Frank
Image
I believe it is a good thing to get rid of Gaddafi. But does America have to do everything?
Barney Frank
Image
I am not aware of any specific provision that mandates any tightening of lending to small business other than a requirement that people who lend and then sell that loan be prepared to take a part of the risk. And I'm proud of that.
Barney Frank
Image
But here too it should be noted that the President's approach was to first ask the repressive and brutal Taliban to surrender Osama bin Laden to us, and only after that government refused to do that did we invade.
Barney Frank
Image
Increasing inequality in income distribution in this country has broader policy implications, and there is also the growing problem of perverse incentives that result from executives receiving grossly disproportionate compensation based on decisions they themselves take.
Barney Frank
Image
These two entities—Fannie Mae and Freddie Mac—are not facing any kind of financial crisis.
Barney Frank
Image
Ridicule is about the most powerful weapon possible.
Barney Frank
Image
Lawyers are very, very good at keeping you out of prison, but they will sacrifice your reputation and credibility to do so.
Barney Frank
Image
Community action is as valuable a principle on the international level as it has been domestically.
Barney Frank